Tatur, Tymon - In: Theoretical economics : TE ; an open access journal in … 19 (2024) 4, pp. 1443-1472
This paper studies bargaining outcomes in economies in which agents may be able to impose outcomes that deviate from the relevant social norms but incur costs when they do so. It characterizes bargaining outcomes that are easiest for a society to sustain as part of a social norm that everybody...